Bitcoin Price Prediction: BTC Hits $61,000 Amid $31M ETF Inflows and Market Confidence

This upward trend is attributed to reports suggesting that US Spot Bitcoin ETFs recorded net inflows, boosting BTC prices due to increased investor demand and market confidence.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to halt its overnight declines and regained some positive traction, reaching an intra-day high of $62,322.